Silver futures rose during noon trade in the domestic market on Thursday as investors and speculators booked fresh positions in the precious metal tracking a bullish trend overseas as a slight pullback in the dollar bolstered the lure for silver as an alternative asset.

Weaker greenback makes silver cheaper for those holding other currencies, thus lifting demand. Meanwhile, Fed Chair Janet Yellen said that there was no fixed timetable for US interest rate tightening and that continued solid job growth may prompt the central bank to gradually remove accommodative monetary policy.

At the MCX, silver futures for December 2016 contract is trading at Rs 45,898 per kg, up by 0.69 per cent, after opening at Rs 45,805, against a previous close of Rs 45,583. It touched the intra-day high of Rs 45,978.Get live News Updates visit us at Ripples Advisory or One Missed Call on @98-27-80-80-90.